New CEO for LR OneOcean

22 February 2024

Martin Penney to lead LR’s digital solutions platform

Martin Penney will succeed Martin Taylor as the next chief executive officer of LR OneOcean, following Taylor’s decision to retire in May. Penney, previously CEO of marine software provider SpecTec, joined Lloyd’s Register on 19 February. He brings over 25 years’ experience in digital solutions, across aviation, maritime, logistics and supply chains.  

Penney’s engineering background has led to an extensive global career working in executive commercial roles with Eniram, BMT and Marorka. During his more than five years at SpecTec, Penney drove the modernisation of the company’s flagship software products, resulting in its significant growth. 

Nick Brown, LR CEO said: “LR is delighted to welcome Martin Penney to the team as LR OneOcean embarks on the next stage of its growth, supporting maritime stakeholders as they navigate digital transformation and the energy transition. Succeeding Martin Taylor, who has been instrumental to the rapid progress of LR OneOcean, we are confident that his extensive industry experience will contribute to LR OneOcean’s ongoing success. 

Martin Penney, LR OneOcean CEO said: “Maritime is an incredibly exciting industry to be part of right now as it works towards net-zero emissions and digitally enabled operations. LR OneOcean is at the centre of the transition, helping shipping companies to streamline their operations and make impactful decisions. I am delighted to join the team and support LR OneOcean and our clients on the next stage of the journey.” 

LR acquired OneOcean in June 2022 and its digital solution platform, which provides real-time navigation, performance and compliance insight, is currently used on over 22,000 ships. 

Taylor started OneOcean in 2010 as a company of less than 100 people distributing paper charts and has transformed it into one of the leading maritime software platforms with almost 500 colleagues. 

About Lloyd's Register OneOcean

Lloyd's Register OneOcean is the digital solutions platform providing actionable intelligence to maritime professionals worldwide. 

As an integral part of Lloyd's Register, we exist to create a seamless connection between each and every vessel and voyage, stakeholder and supply chain to truly unite the digital journey between ship and shore.

Our easy-to-use, secure platform brings market-leading compliance, management and performance software together to help shipowners, operators, charterers and crew drive stronger growth and efficiency in a safe, sustainable way. 

With years of global maritime expertise, innovation and experience across 22,000 vessels, we aim to be the most trusted digital platform for enhancing people, profits and the planet. 

About Lloyd’s Register

Trusted maritime advisers, partnering with clients to drive performance across the ocean economy. 

Lloyd’s Register (LR) is a global professional services group specialising in marine engineering and technology. With a heritage going back more than 260 years to the establishment of the world’s first marine classification society; improving and setting standards for the safety of ships. 

Today we are a leading provider of classification and compliance services to the marine and offshore industries, helping our clients design, construct and operate their assets to accepted levels of safety and environmental compliance.  

We also provide advice, support and solutions on fleet performance and optimisation, voyage optimisation, enhancing our clients’ digital capability. Our digital solutions are relied upon by more than 20,000 vessels.  

In the race to zero emissions, our research, technical expertise and industry-firsts are supporting a safe, sustainable maritime energy transition.  

Lloyd’s Register Group is wholly owned by the Lloyd’s Register Foundation, a politically and financially independent global charity that promotes safety and education.   

Media Enquiries

For media enquiries contact

Nicola Good - External Communications Director
Lloyd's Register
T +44 20 7076 6452 M +44 7855 113273
E [email protected]

LR OneOcean
The team at LR OneOcean. Contact us at [email protected] .

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